According to Amac News: During the meeting, Sheikh Tahnoun emphasized the UAE’s commitment to achieving global leadership in the development and adoption of future technologies.
He noted the importance of promoting stability, competitiveness and the country’s position as a global hub for science, technology and innovation.
Tahnoun also stressed the UAE’s focus on empowering national talent, supporting technology developers and facilitating the advancement of entrepreneurs and start-ups in line with the country’s digital transformation.
MGX is an innovative company established in March 2024 in Abu Dhabi to develop and advance advanced technologies and artificial intelligence.
The company was established as a private entity, but operates under the supervision and support of the Abu Dhabi Artificial Intelligence and Advanced Technologies Council (AIATC).
The council, which was launched in January 2024 under the chairmanship of Sheikh Tahnoon bin Zayed Al Nahyan, is responsible for shaping and implementing policies and strategies related to artificial intelligence and advanced technologies in the Emirate of Abu Dhabi.
Sheikh Tahnoon said that MGX is continuously progressing in line with its strategic plans to become one of the leading companies in the field of technological transformation in the world.
By investing in artificial intelligence infrastructure and advanced technologies, the company seeks to provide solutions in industries and manufacturing sectors that help improve the quality of life of people and a prosperous future for global communities.
The board of directors assessed MGX’s commercial and financial performance for 2024 and the company’s existing investments and partnerships, and also approved a series of new investments in artificial intelligence infrastructure and advanced technologies.